Abstract

http://ssrn.com/abstract=378322
 
 

References (38)



 
 

Citations (11)



 


 



Inflation and Monetary Policy in the Twentieth Century


Lawrence J. Christiano


Northwestern University; Federal Reserve Bank of Cleveland; Federal Reserve Bank of Chicago; Federal Reserve Bank of Minneapolis; National Bureau of Economic Research (NBER)

Terry J. Fitzgerald


Organization for Economic Co-Operation and Development (OECD)


Economic Perspectives, First Quarter, 2003

Abstract:     
We characterize the change in the nature of the money growth-inflation and unemployment-inflation relationships between the first and second halves of the 20th century. The changes are substantial, and we discuss some of the implications for modeling inflation dynamics. We stress the implications for models of inflation which say that bad inflation outcomes are the consequence of poorly designed monetary policy institutions.

Number of Pages in PDF File: 24

JEL Classification: E3, E5

Accepted Paper Series


Download This Paper

Date posted: March 11, 2003  

Suggested Citation

Christiano, Lawrence J. and Fitzgerald , Terry J., Inflation and Monetary Policy in the Twentieth Century. Economic Perspectives, First Quarter, 2003. Available at SSRN: http://ssrn.com/abstract=378322 or http://dx.doi.org/10.2139/ssrn.378322

Contact Information

Lawrence J. Christiano (Contact Author)
Northwestern University ( email )
2003 Sheridan Road
Evanston, IL 60208
United States
847-491-8231 (Phone)
847-491-7001 (Fax)
Federal Reserve Bank of Cleveland
East 6th & Superior
Cleveland, OH 44101-1387
United States
Federal Reserve Bank of Chicago
230 South LaSalle Street
Chicago, IL 60604
United States
Federal Reserve Bank of Minneapolis
90 Hennepin Avenue
Minneapolis, MN 55480
United States
National Bureau of Economic Research (NBER)
1050 Massachusetts Avenue
Cambridge, MA 02138
United States
Terry J. Fitzgerald
Organization for Economic Co-Operation and Development (OECD)
2 rue Andre Pascal
Paris Cedex 16, 75775
France
Feedback to SSRN


Paper statistics
Abstract Views: 1,936
Downloads: 263
Download Rank: 65,891
References:  38
Citations:  11

© 2014 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright   Contact Us
This page was processed by apollo8 in 0.250 seconds